Posts Tagged ‘business’

“Pass Through” Taxes

April 16, 2010

This is a follow-up to blogs that mentioned “Pass Through” Taxes, here and here.

Pass Through Taxes are taxes that businesses pay in order to do business.  These businesses then INCLUDE these taxes in the final price of the products that they sell for a…..gasp….profit.  That means that ANYONE that buys their products, pays for these “Pass Through” Taxes.  IF these taxes were not included in the cost of the final product, the companies would be LOSING money and would not stay in business.  So, trust me on this one, if YOU buy anything (like food, gas, clothes,etc.), YOU are paying for these “Pass Through” Taxes.

Here is a good article concerning the size of the “Pass Through” Taxes that YOU pay.

Write your representatives and tell them how you feel.